Tag Archives: Globalization

While coronavirus threatens seafood economy, community fisheries find ways to stay afloat

Major commercial fisheries, including the iconic Maine lobster fisheries, have ground to a halt.,, Consider the lucrative Pacific halibut fisheries, which opened in mid-March. These fisheries largely serve fine dining restaurants. Combined with the loss of sales to markets like China, seafood producers from east to west are without a market for their product. Combined with the loss of sales to markets like China, seafood producers from east to west are without a market for their product. But decades of globalization, industrialization and environmental change have brought many coastal communities to the brink, because of coastal development, climate change or they’ve lost fishing rights to industry consolidation. To meet this moment, many need more than just an invigorated customer base. >click to read< 12:16

Why trade deals like CETA have become a ‘whipping boy’ for anti-globalization forces

afp-hf8xzGlobalization has always had its critics — there’s nothing new there, says Fen Hampson, professor of international affairs at Carleton University’s Norman Paterson School of International Affairs. But given the problems Europe is experiencing now, with high levels of unemployment, particularly among youth, it’s not surprising that free trade deals like the Canada-EU CETA have become “a whipping boy for very unhappy people who are out of work,” Hampson said. And that’s why the backlash against the Comprehensive Economic and Trade Agreement, he said, is symptomatic of growing anti-globalization sentiments, and may well have played a role in the decision by Belgium’s Wallonia socialist government to scuttle the trade pact between Canada and the 28-nation bloc. Read the rest here 11:33

Why Does the ‘Calamari Capital’ Import the Frozen Stuff from China When Buying Local Supports the Economy?

Globalization has hit Rhode Island hard. Those manufacturing jobs that allowed my immigrant parents and generations of other Rhode Islanders the opportunity to raise their families in modest comfort are long gone. It’s not just manufacturing, either. Our state is touted as the “calamari capital” of the world. Yet, walk into any local supermarket today and you will find packages of frozen calamari from China competing with offerings from Galilee, often at a lower price. Now, we can sit around and lament the impact that globalization has had on our local economy, or we can personally change this troubling societal trend by taking a very simple action. Read the article here 10:08